Common use of Default, Remedies, Attorney Fees Clause in Contracts

Default, Remedies, Attorney Fees. You will be in default under this Contract if you: (1) fail to make any payment when required; (2) fail to return the Equipment when required to do so; (3) violate any other provision of this Contract, including other terms and policies incorporated herein; (4) use your service or equipment in a way that violates any law or regulation or xxxxx us, our network, or others on our network; or (5) become the subject of any bankruptcy or insolvency proceeding. We and you each agree that if you fail to timely pay amounts due, we may assign your account for collection, and we or the collection agency may pursue, in small claims court, claims limited strictly to the collection of the past due amounts and any interest. Upon the occurrence of a Default, we will give you 30 days’ notice of and right to cure the default. If you do not cure the default within 30 days after this notice, this Contract will end without any additional notice to you, and you must immediately return all remaining items of Equipment to us. In the event of arbitration or litigation between us relating to an alleged default by you, the substantially prevailing party shall be entitled to reasonable attorneys’ fees and arbitration or court costs and fees.